Soyosoyo SACCO boasts a rich history, beginning its journey on July 15, 1998 , as SOYOSOYO MEDICARE CO-OPERATIVE SAVINGS & CREDIT SOCIETY . Its initial, heartwarming mission wa s to pool funds an d provide affordable credit, primarily to help members cover their families ' medical bills.
As the fund grew significantly, the SACCO ' s vision expanded beyond healthcare. It began to support members in financing their children ' s education, demonstrating its adaptability and commitment to community needs.
However, with its membership spreading across various parts of the Kenyan Coast, the complexity of managing the SACCO, combined with the introduction of the National Hospital Insurance Fund (NHIF) which began covering medical bills, led the SACCO into a period of silence.
B ut the story didn ' t end there. In 2022, the dedicated founding members reignited their passion, showing a keen interest in reviving the SACCO. Their goal was clear: to refresh its objectives to align with current community needs.
This revival culminated in a new beginning for Soyosoyo SACCO. Officially rebranded and given a new look on April 10, 2024, it emerged with renewed vigor. Its expanded mission now focuses on providing affordable financing to cover a broader range of essential objectives, including medical bills, education, agriculture, and development.
Soyosoyo SACCO stands today as a testament to its enduring commitment to its members, evolving to meet the diverse financial needs of its members.
To be the leading catalyst for financial transformation and sustainable prosperity across Kenyan, empowering every member to achieve their aspirations in health, education, and development
To continually empower members by providing accessible, affordable, and innovative credit for healthcare, education, agriculture, and development, driving enduring prosperity in our cooperative community.
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Empowerment
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Integrity
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Community
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Accessibility
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Growth
OUR PRODUCTS
Education Loan
Dreaming of a brighter future through education? An education loan can turn that dream into reality! Don ' t let financial hurdles block your academic aspirations. These specialized loan is designed to cover tuition, accommodation, books, and living expenses, making education accessible to everyone.
Development Loan
Seeking to expand your business, innovate, or kickstart a impactful project? A development loan is your strategic partner! These aren ' t just ordinary loans; they ' re tailored financial solutions designed to fuel growth, foster innovation, and drive economic progress.
Medicare Loan
Don ' t let medical bills burden you. A medicare loan provides fast access to funds for healthcare needs – from emergencies to planned procedures. Get the care you need, when you need it, with manageable repayments. Invest in your health, without financial stress.
Emergency Loan
Unexpected crisis? An emergency loan offers rapid financial relief when life throws a curveball. Quick access to funds for urgent needs like sudden repairs, or unforeseen expenses. Get back on your feet fast, with flexible repayment options. Your lifeline in challenging times.
SOYOSOYO LOANS
Members can borrow up to three times their savings from Soyosoyo.
OUR LEADERSHIP TEAM
Chairperson
Judith Malombo Mramba
Secretary
Sidi Saro Ngowa
Treasurer
Thomas Thoya Kitsao
Vice - Chairperson
Jeremiah Kalama Lewa
Member engagement ...
Financials at a glance
SOYOSOYO LOAN CALCULATOR
Soyosoyo loan calculator is able to calculate interest for all types of loans including fines for late repayments. The amortization tables generated should assist with planning
Follow easy steps to join us!
Dividends indicative calculator
Join our team at SOYOSOYO SACCO
At SOYOSOYO SACCO, we’re building a brighter future through low-interest loans and member-focused innovation. Join our dynamic team as we seek passionate individuals to manage loans, engage our community, and drive financial transparency. Whether you have experience in marketing or credit administration, bring those skills to support our mission, your impact starts here. Apply now and be part of a movement empowering our people!